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i figured out the production budget just cant figure out direct materials On January 1, 2017, the Ayayal Company budget committee has reached agreement on

i figured out the production budget just cant figure out direct materials image text in transcribed
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On January 1, 2017, the Ayayal Company budget committee has reached agreement on the following data for the 6 months ending June 30, 2017 Sales units Ending row materials inventory: 40% of the next quarter's production requirements Ending finished goods inventory: 25% of the next quarter's expected sales units First quarter 5,000; second quarter 6,000; third quarter 7,000 7,350 units The ending raw materials and finished goods inventories at December 31, 2016, follow the same percentage relationships to production and sales that occur in 2017. 3 pounds of raw materials are required to make each unit of fhinished goods Raw materials purchased are expected to cost $4 per pound Your answer is correct. Prepare a production budget by quarters for the 6-month period ended June 30, 2017. AYAYAI COMPANY Production Budget For the Six Months Ending June 30, 2017 # Quarter 2 Year Expected Unit Sales Add Desired Ending Finished Goods Unit t Total Required Units Less |.I Beginning Finished Goods Unit 5000 6000 1500 1750 6500 7750 1500 1250 Required Production Units 5250 6250 11500 Click if you would like to Show Work for this question: Open Show Work SHOW SOLUTION SHOW ANSWER LINK TO AYAYAI COMPANY Direct Materials Budget Quarter 2 Six Months Click if you would like to Show Work for this question: Open Show Work

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